Short interest declines for 6 out of 8 crypto stocks in June
Main Idea
Crypto short interest declined for the third consecutive month in June, with notable activity in stocks like Coinbase Global and Core Scientific.
Key Points
1. Crypto short interest decreased for the third straight month in June.
2. Coinbase Global (NASDAQ:COIN) and Core Scientific (NASDAQ:CORZ) were highlighted in the context of short interest trends.
Description
Crypto short interest declined for the third straight month in June. The majority of the crypto stocks saw a decrease in short interest in the month with only Coinbase Global ( NASDAQ: COIN ) and Core Scientific ( NASDAQ: CORZ ) seeing a slight uptick. Short interest in Bitfarms ( NASDAQ: BITF ) saw the steepest fall of nearly three percentage points to 8.61%. Strategy ( NASDAQ: MSTR ) and HIVE Digital Technologies ( NASDAQ: HIVE ) were among other companies that saw short interest decline. It f...
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